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UNICREDIT
Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...- Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
- Swiss banks to test possible uses for Swiss franc stablecoinSix Swiss banks are collaborating to explore stablecoin uses. They will launch a digital sandbox in 2026 to test a Swiss franc-pegged stabl...
- UniCredit launches bid for Commerzbank shares, seeking to revive takeover talksItalian bank UniCredit is making a move on German lender Commerzbank. UniCredit is launching an unsolicited offer to boost its stake to ove...
- UniCredit partners with Google Cloud to accelerate digitisation across 13 marketsUniCredit has signed a 10-year MoU with Google Cloud to expedite its digital transformation across 13 European markets. This significant in...
- UniCredit gets ECB nod for Commerzbank stakeItalian bank UniCredit has received approval from the European Central Bank to acquire up to 29.9 percent of Commerzbank, signaling a poten...
- Commerzbank to cut 3,900 jobs, mainly in Germany, as it fends off UniCreditCommerzbank announces it will cut 3,900 jobs in Germany by 2028 while hiring abroad. The bank aims for financial targets with a revised 202...
- Commerzbank plans job cuts, new targets to keep UniCredit away, sources sayGermany's Commerzbank plans to cut several thousand jobs and set new financial targets to fend off a takeover by Italy's UniCredit. The CEO...
- STOXX 600 hits two-week high; UniCredit, Commerzank dropEuropean stocks hit a two-week high, propelled by Trump's Treasury pick and the ECB's easing stance. UniCredit's bid for Banco BPM stirred ...
- Russia seizes Deutsche Bank, UniCredit assetsA Russian court in Saint Petersburg rules to seize 239 million euros from Deutsche Bank and 463 million euros from UniCredit in Russia. Eur...
- European shares edge higher on boost from upbeat earnings, minersUniCredit climbed 1.8% as the Italian bank posted a bigger-than-expected annual rise of 36% in its third-quarter profit, helped by higher i...
- UniCredit, Citi consider swapping assets with Russian institutions - FTUniCredit has received several offers from Russian financial institutions to buy its local subsidiary since its chief executive, Andrea Orc...
- Ukraine war: UniCredit chief says bank may exit RussiaAmidst the Ukraine-Russia crisis, UniCredit's chief executive Andrea Orcel has stated that the association is thinking of pulling out its s...
- Fate of world's oldest bank, Italy's BMPS, unclear as talks failThe fate of the world's oldest bank, Italy's Banca Monte dei Paschi di Siena (BMPS), was hanging in the balance on Monday after the collaps...
- Bank of Baroda to buy out JV partner's entire stake in mutual fund businessState-owned Bank of Baroda will fully acquire its mutual fund and trustee business and buy the entire 51 per cent stake held by the joint-v...
- Italian banks including UniCredit SpA and Intesa Sanpaolo SpA plunge as debt contagion risksItalian banks, including UniCredit SpA and Intesa Sanpaolo SpA, tumbled in Milan trading as speculation that the country may become the nex...
- $55 bn bid for Colgate: Should Unilever buy?Unilever, the world's second-largest consumer-goods company, should seek to acquire Colgate-Palmolive Co...
- Banks work on UniCredit capital hike: SourceMerrill Lynch and Italy's Mediobanca and are working on a 2.0-2.5 billion euro capital increase for UniCredit Italy's second-biggest bank b...
- Unicredit Q2 net up 6.8 pcItalian bank UniCredit made a record quarter as Q2 net profit rose 6.8% to e1.827 billion, beating analysts’ forecasts, thanks to lower cos...
- UniCredit to buy Capitalia for $30 bnUniCredit agreed to buy Capitalia in a e21.8 billion ($29.5 bn) purchase to cement the position of Italy’s biggest bank in Europe’s most pr...
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